Thursday, January 23, 2025
Power Generators Getting a Lump of Coal this Christmas, says EIA

FERC Approves $5.2 billion Talen Energy-Riverstone Merger

Talen-Riverstone merger is awaiting NRC approval The Federal Energy Regulatory Commission (FERC) issued an order approving the proposed merger of Talen Energy Corporation (ticker: TLN) with an affiliate of Riverstone Holdings LLC, a private equity firm. FERC said that the merger would not have a detrimental effect on competitive wholesale power markets but the agency did issue certain conditions. Under

ISIS Forces Attack Oil-Rich Kirkuk

From the Washington Post IRBIL, Iraq – Islamic State gunmen launched a brazen raid Friday on the northern city of Kirkuk, attacking government buildings and police positions in what local officials speculated was an attempt to divert resources and attention from an Iraqi offensive on northern city of Mosul, where the group is losing ground. Running gun battles continued in Kirkuk

Quebec Says Canadian Pacific Directly Responsible for Lac-Mégantic Damages

Railway under fire again Canadian Pacific Railway is directly responsible for damages caused when a runaway train carrying crude oil derailed in 2013 in Lac-Megantic, according to new allegations recently filed in court by the Quebec government. The railroad was responsible for the crude oil from the moment it picked up the shipment in the United States until the product’s

‘We Will Not Stand by and Wait for Global Regulation’ – Maersk

From MarineLink Shipbreaking has become commercial due to the recycling of steel becoming a global commodity in demand. This means that the dismantling and recycling of a ship are recognized as part of the value of the ship, which has evolved into a massive challenge for the shipping industry. Maersk recently spoke out. “The choice is clear. One option is to continuing